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Malema Pty Ltd , a furniture manufacturer, has been offered an opportunity to accept a project that has the following mixed stream of cash flows

Malema Pty Ltd, a furniture manufacturer, has been offered an opportunity to accept a project that has the following mixed
stream of cash flows over the next 5 years: 7000,8000,9000,10000,11000. If the company must earn at least 12% on this project. What is the present value of this project?

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